Broadband connectivity will play a vital role in India’s economic growth by improving access to education, healthcare, and government services. Under the Bharatnet project, high-speed internet will be provided to all government secondary schools and primary health centers (PHCs) in rural areas, ensuring that even remote communities can benefit. In education, students will be able to access online resources, and teachers will have better tools for professional development.
In healthcare, broadband will enhance telemedicine services, providing better access to medical advice and diagnostics. It will also promote digital literacy, preparing a skilled workforce for the expanding digital economy. The expanded broadband infrastructure will bridge the urban-rural divide, create job opportunities, and foster inclusive development, driving India’s overall economic progress in the years to come.
5 stocks to benefit from this move are:
Hathway Cable & Datacom Ltd is a leading provider of broadband and cable TV services in India. It offers high-speed internet, digital TV, and other data services across multiple regions. The company is focused on expanding its broadband infrastructure, particularly in urban and suburban areas.
Share Price
The shares of Hathway Cable & Datacom Ltd are trading at Rs. 15.13 up by 0.67% from its previous close of Rs. 15.03 as of February 01, 2025. The stock also touched an intraday high of Rs. 15.6.
HFCL
HFCL (Himachal Futuristic Communications Ltd) is an Indian telecom infrastructure provider, specializing in broadband and telecom products. It manufactures and supplies optical fiber cables, telecom equipment, and broadband solutions. HFCL plays a significant role in the telecom sector by supporting network deployment and providing cutting-edge technology for broadband services.
Share Price
The shares of HFCL are currently trading at Rs. 106.45 up by 8.56% from its previous close of Rs. 98.03 as of February 01, 2025.
Tejas Networks
Tejas Networks is a leading Indian company that designs and manufactures high-performance telecom and broadband networking products. The company focuses on optical transport, broadband access, and network solutions, providing equipment for telecom service providers, enterprises, and governments to build and expand next-generation telecom infrastructure.
Share Price
The shares of the company touched a high of Rs. 947.6 jumping 3.44% from its previous close of Rs. 916.15 as of February 1, 2025. Today the shares of the company closed at Rs. 884.1.
Bharti Airtel
Bharti Airtel is one of India’s largest telecom companies, offering mobile, broadband, and enterprise solutions. With a strong presence across urban and rural areas, Airtel provides 4G/5G services and is expanding its broadband and fiber infrastructure. It plays a key role in advancing India’s digital ecosystem.
Share Price
The shares of Bharti Airtel Limited closed at Rs. 1,623.25 down by 0.19% from its previous close of Rs. 1,626.3 as of February 01, 2025.
Indus Tower
Indus Tower is one of the largest telecom tower infrastructure companies in India. It provides shared telecom tower services to mobile operators, enabling them to expand coverage and capacity efficiently. Indus Tower plays a pivotal role in strengthening India’s telecom network and enabling widespread mobile and broadband services.
Share Price
The shares of Indus Towers Limited witnessed a highly volatile day with the stock touching a high of Rs. 336.4 and a low of Rs. 334. However, the stock eventually ended up closing flat from its previous close of Rs. 347.2 as of February 01, 2025.
Written By: Dipangshu Kundu
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